Biderman's Money Pod
Welcome to Biderman’s Money Pod. This episode is for smart individual investors who think they cannot beat the market. If this describes you, what you may be missing is that money managers and investment advisors don’t beat the market either. My guest today is my mentor and a very special person in my life, Mr. Sandy Robertson. Sandy and I met on a long flight and have remained close ever since. He is one of the most respected people I know in terms of business success but also in the difference he has made in people’s lives. He founded Robertson Stephens Investment Bank, Francisco...
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Welcome to Biderman’s Money Pod. This episode is for smart individual investors who think they cannot beat the market. If this describes you, what you may be missing is that money managers and investment advisors don’t beat the market either. My guest today is my long-time friend, Allan Sloan. Allan is a highly-regarded financial journalist who is a seven-time Loeb recipient. He has written financial pieces for Forbes and Fortune and is currently a columnist for the Washington Post. In this episode of Biderman’s Money Pod, we discuss the following: A tried and true...
info_outlineBiderman's Money Pod
Welcome to Biderman’s Money Pod. This episode is for smart individual investors who think they cannot beat the market. If this describes you, what you may be missing is that money managers and investment advisors don’t beat the market either. My guest today, Pimm Fox, was an anchorperson at Bloomberg at TV and Radio until recently retiring. Pimm shares his experience of working with an investment advisor and his advice for individual investors who want to become competent at investing in the markets. In this episode of Biderman’s Money Pod, we discuss the following: ...
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Welcome to the first episode of Biderman’s Money Pod. The design purpose of this podcast is to provide you, the individual investor, with everything you need to beat the results you have been getting when giving your money to others to manage, whether it is money managers, mutual funds, or a broker. The unknown truth is 15,000 SEC-registered investment advisors are, in essence, legally STEALING over a trillion dollars every year. It comes directly from the $135 trillion investors have given them to manage. This podcast series shines a light on the “malpractice” and gives you the...
info_outlineWelcome to Biderman’s Money Pod. This episode is for smart individual investors who think they cannot beat the market. If this describes you, what you may be missing is that money managers and investment advisors don’t beat the market either. My guest today, Pimm Fox, was an anchorperson at Bloomberg at TV and Radio until recently retiring. Pimm shares his experience of working with an investment advisor and his advice for individual investors who want to become competent at investing in the markets.
In this episode of Biderman’s Money Pod, we discuss the following:
- Why dollar cost averaging works even in down markets.
- Why money managers won’t disclose their success rate
- The importance of having financial conversations with people other than money managers.
- Why cryptocurrencies crash
Key Discussion Points:
[1:40] Pimm’s advice for individual investors who want to become competent and effective in investing in the markets.
[3:45] Dollar cost averaging explained, and why it works even in down markets.
[9:53] Pimm expresses the importance of learning from other people’s investment experiences, other than people who have a financial stake in the conversation.
[17:19] Most people who manage money are not as smart as they want people to think they are.
[18:11] Pimm shares a personal financial story about working with an investment firm he subsequently left.
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